Mock Exam Qu’s

Question 1

Explain 2 difference between single and multiple suppliers in a project

Answer 1

Procurement and management is simple with single and more complex with multiple

Control and risk over the supply chain

Question 2

Explain 3 reasons why a project should use a robust supplier selection process

Answer 2

To ensure make or buy in has been considered

Ensure best supplier is identified

Protect project from unnecessary risk

Question 3

Explain 3 stages of supplier selection

Answer 3

Pre qualification
Tendering/bidding
Evaluating bids
Negotiation/Contract award

Question 4

Explain 3 differences between perm and temp types of org structures

Answer 4

Perm is funded through annual budget, temp funded through business case

Perm uses outputs to generate benefits, temp generates the benefits

Perm team is established and well formed, temp team are unfamiliar and new